SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                                   FORM 10-QSB

[Mark One]

[X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934 for the quarterly period ended: MARCH 31, 2002
                                                --------------

[ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
    ACT OF 1934 for the transition period from _____to______

Commission file number: 0-30629
                        -------



                             FIRST AID DIRECT, INC.
                 (Name of small business issuer in its charter)


             FLORIDA                                     59-1796257
             -------                                     ----------
      (State of incorporation)                    (IRS employer Ident. No.)

   10211 N.W. 53rd St., Sunrise, FL                          33351
   --------------------------------                          -----
    (Address of principal office)                          (Zip Code)

                  Registrant's telephone number: (954) 749-9926

         Indicate by check mark whether the Registrant: (1) has filed all
reports required to be filed by Section 13 or 15(d) of the Exchange Act during
the past 12 months (or for such shorter period that the registrant was required
to file such reports), and (2) has been subject to such filing requirements for
the past 90 days. Yes [X] No [ ]

         The number of shares outstanding of each of the issuer's classes of
equity as of March 31, 2002: 3,985,000 shares of Common Stock, $.001 par value.


<PAGE>
                             FIRST AID DIRECT, INC.
                                TABLE OF CONTENTS
                                   FORM 10-QSB
                      FOR THE QUARTER ENDED MARCH 31, 2002



PART I. FINANCIAL INFORMATION

Item 1.    Financial Statements.

           Condensed Balance Sheet (Unaudited) as of March 31, 2002      Page 3

           Condensed Statements of Income (Unaudited) for the three
              months ended March 31, 2002 and 2001                       Page 4

           Condensed Statements of Cash Flows (Unaudited) for the
              three months ended March 31, 2002 and 2001                 Page 5

           Notes to Financial Statements                                 Page 6

Item 2.    Management's Discussion and Analysis of Financial Condition
              and Results of Operations.

PART II. OTHER INFORMATION

Item 6.    Exhibits and Reports on Form 8-K.


<PAGE>
<TABLE>
<CAPTION>
                             FIRST AID DIRECT, INC.
                             CONDENSED BALANCE SHEET
                                 MARCH 31, 2002
                                   (UNAUDITED)


                             ASSETS
<S>                                                                 <C>
Current assets:
   Cash                                                             $    51,380
   Accounts receivable, stockholder                                      74,595
   Accounts receivable, net                                             252,240
   Note receivable, employee                                             12,000
   Inventories                                                          484,245
   Prepaid expense                                                       41,080
                                                                    -----------

     Total current assets                                               915,540
                                                                    -----------

Property and equipment, net                                              53,483
Intangible asset, net                                                   106,142
                                                                    -----------

                                                                    $ 1,075,165
                                                                    ===========
               LIABILITIES AND STOCKHOLDERS' EQUITY

Current Liabilities:
   Accounts payable and accrued expenses                            $   159,925
                                                                    -----------

     Total current liabilities                                          159,925
                                                                    -----------

Stockholders' equity:
   Common stock                                                           3,985
   Additional paid-in capital                                         1,604,127
   Deficit                                                             (692,872)
                                                                    -----------

                                                                        915,240
                                                                    -----------

                                                                    $ 1,075,165
                                                                    ===========
</TABLE>

The accompanying notes are an integral part of these condensed financial
statements.


                                   Page 3
<PAGE>
<TABLE>
<CAPTION>
                             FIRST AID DIRECT, INC.
                         CONDENSED STATEMENTS OF INCOME
                                   (UNAUDITED)

                                                         THREE MONTHS ENDED
                                                              MARCH 31,
                                                              ---------
                                                       2002             2001
                                                       ----             ----
<S>                                                 <C>             <C>
Net sales                                           $  886,933      $  852,470

Cost of sales                                          601,574         603,907
                                                    ----------      ----------

Gross profit                                           285,359         248,563

General and administrative expenses                    204,661         232,866
                                                    ----------      ----------

Income before income taxes                              80,698          15,697

Provision for income taxes                                  --              --
                                                    ----------      ----------

Net income                                          $   80,698      $   15,697
                                                    ==========      ==========


Net income per share information:
   Basic:
      Net income per share                          $      .02      $      .00
                                                    ==========      ==========

      Weighted average number of common shares       3,985,000       3,932,556
                                                    ==========      ==========

   Diluted:
      Net income per share                          $      .02      $      .00
                                                    ==========      ==========

      Weighted average number of common shares       3,985,000       3,985,000
                                                    ==========      ==========
</TABLE>


The accompanying notes are an integral part of these condensed financial
statements.


                                     Page 4
<PAGE>
<TABLE>
<CAPTION>
                             FIRST AID DIRECT, INC.
                       CONDENSED STATEMENTS OF CASH FLOWS
                                   (UNAUDITED)

                                                              THREE MONTHS ENDED
                                                                  MARCH 31,
                                                             --------------------
                                                                2002        2001
                                                                ----        ----
<S>                                                          <C>        <C>
Cash flows from operating activities:
  Net income                                                 $  80,698  $  15,697
  Depreciation and amortization                                  8,555      8,455
  Changes in assets and liabilities                           (156,794)    77,801
                                                             ---------  ---------

Net cash provided by (used in) operating activities            (67,541)   101,953
                                                             ---------  ---------
Cash flows from investing activities:
      Purchase of equipment                                     (4,376)   (1,151)
                                                             ---------  ---------
Net cash used in investing activities                           (4,376)   (1,151)
                                                             ---------  ---------

Cash flows from financing activities:
     Repayment on line of credit                                    --   (33,000)
     Proceeds from exercise of stock options                        --     8,000
                                                             ---------  ---------

Net cash (used in) provided by financing activities                 --   (25,000)
                                                             ---------  ---------

Net increase (decrease) in cash                                (71,917)   75,802

Cash, beginning of period                                      123,297       236
                                                             ---------  ---------

Cash, end of period                                          $  51,380  $ 76,038
                                                             =========  =========

Supplemental Disclosure of Cash Paid:
  Interest                                                   $      --  $  3,283
                                                             =========  =========

Non-cash Investing and Financing Activities:
     Assets acquired in exchange for debt                    $      --  $ 50,000
                                                             =========  =========
</TABLE>

The accompanying notes are an integral part of these condensed financial
statements.


                                     Page 5
<PAGE>
                             FIRST AID DIRECT, INC.

                          NOTES TO FINANCIAL STATEMENTS

1. BASIS OF PRESENTATION

The  accompanying  unaudited condensed financial statements of First Aid Direct,
Inc.  (the  "Company")  have been prepared in accordance with generally accepted
accounting  principles  for  interim  financial  information  and  with  the
instructions  to  Form  10-QSB and Regulation S-B. In the opinion of management,
all  adjustments  (consisting of normal recurring accruals) considered necessary
for  a  fair  presentation  have  been included. Operating results for the three
month  period ended March 31, 2002 are not necessarily indicative of the results
that  may  be  expected  for  the  year  ending  December  31, 2002. For further
information,  refer to the financial statements and footnotes for the year ended
December  31,  2001  found  in  the  Company's  Form  10-KSB.

The  fiscal  years  ended  December  31,  2002  and December 31, 2001 are herein
referred  to  as  "fiscal  2002"  and  "fiscal  2001",  respectively.

2. INVENTORIES

Inventories are comprised primarily of first aid products held for sale, and are
stated  at  the  lower  of  cost  or  market,  determined  on  the  FIFO method.

3. SALES TO STOCKHOLDER

During  the  three  months  ended  March  31,  2002  and  2001,  31%  and  30%,
respectively,  of  revenue  was  derived  from  sales  to  a  stockholder.


                                     Page 6

<PAGE>
THIS  REPORT  CONTAINS  FORWARD-LOOKING  STATEMENTS  WITHIN  THE  MEANING OF THE
PRIVATE  SECURITIES  LITIGATION  REFORM  ACT  OF  1995.  SUCH  FORWARD-LOOKING
STATEMENTS  INVOLVE  KNOWN AND UNKNOWN RISKS AND UNCERTAINTIES OR OTHER FACTORS,
WHICH  MAY  CAUSE  RESULTS,  PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY
SUCH FORWARD-LOOKING STATEMENTS TO VARY FROM THOSE PREDICATED OR IMPLIED IN THIS
REPORT.  FACTORS THAT MIGHT CAUSE SUCH A DIFFERENCE INCLUDE, WITHOUT LIMITATION,
DECLINE  IN  DEMAND  FOR  THE  COMPANY'S PRODUCTS OR SERVICES, AND THE EFFECT OF
GENERAL  ECONOMIC  CONDITIONS  AND  FACTORS AFFECTING THE WHOLESALE DISTRIBUTION
INDUSTRY.  FURTHER  INFORMATION ON THE FACTORS AND RISKS THAT COULD AFFECT FIRST
AID  DIRECT'S  BUSINESS,  FINANCIAL  CONDITION  AND  RESULTS  OF  OPERATIONS ARE
INCLUDED  UNDER THE "RISK FACTORS" SECTIONS OF FIRST AID DIRECT'S PUBLIC FILINGS
WITH  THE  SECURITIES  AND  EXCHANGE  COMMISSION.


ITEM 2.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
         OF OPERATIONS

RESULT OF OPERATIONS

THREE MONTHS ENDED MARCH 31, 2001 COMPARED TO THE THREE MONTHS ENDED
MARCH 31, 2000.

SALES.  Total revenues increased 4% in the first quarter of fiscal 2002 over the
same  period in fiscal 2001. Revenue increased $34,463 from $852,470 to $886,933
in  the  three  months ended March 31, 2002 period in the prior fiscal year. The
increase in sales resulted primarily from increases in sales to new and existing
distributors.

COSTS  AND  EXPENSES.  The  cost  of sales for the quarter decreased $2,333 from
$603,907 in the first quarter of fiscal 2001 to $601,574 in the first quarter of
fiscal  2002. When combined with the increase in net sales, the result was a 15%
increase  in  the gross profit of $36,796, from $248,563 in the first quarter of
fiscal  2001  to  $285,359 in the first quarter of fiscal 2002. As a percentage,
the  gross  margin  increased  from  29%  in  fiscal 2001 to 32% in fiscal 2002,
principally  as  a  result of purchase rebates and lower costs from the vendors.

General  and  administrative  expenses decreased 12% or $28,205 from $232,866 in
the  first  quarter  of  fiscal  2001 to $204,661 in the first quarter of fiscal
2002.  Also,  general  and  administrative  expenses  decreased  as a percent of
revenue  from  27%  in 2001 to 23% in 2002. The decrease primarily resulted from
holding  costs  constant  while  sales  were  increasing.

INCOME  BEFORE  INCOME  TAXES.  The  Company's  income  before  income taxes was
$80,698,  which  is  an increase of $65,001 compared to $15,697 during the first
quarter  of  fiscal 2001. The increase was primarily a result of the increase in
sales  and  the  ability  of  the  Company  to hold all of their costs constant.

OTHER.  No  income tax expense or benefit is recorded in the three-month periods
ended  March  31,  2002 and 2001, as the Company will utilize net operating loss
carryforwards  to  offset  the  current  tax  expense.


                                     Page 7
<PAGE>
LIQUIDITY AND CAPITAL RESOURCES

The  primary  sources  of  the  Company's cash are net cash flows from operating
activities,  short-term  vendor  financing  and a line of credit obtained from a
bank. The Company established a $250,000 line of credit with a bank that matures
in  February 2003 to fund cash requirements as needed. The line requires monthly
interest  payments  and  bears  interest at the prime rate of interest (4.75% at
March  31,  2002).  As of March 31, 2002, there was no amount outstanding on the
line  of credit. The line is collateralized by the Company's accounts receivable
and  inventory.

The  Company believes its current available cash position, coupled with its cash
forecast  for  the year and periods beyond, is sufficient to meet its cash needs
on both a short-term and long-term basis. The balance sheet has a strong working
capital  ratio  (5.73  to  1) and management is not aware of any known trends or
demands,  commitments,  events,  or  uncertainties,  as they relate to liquidity
which  could  negatively  affect  the  Company's  ability to operate and grow as
planned.

                           PART II. OTHER INFORMATION

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K:

        (a) Exhibits

            None

        (b) Reports on Form 8-K

            None


                                     Page 8
<PAGE>
                                   SIGNATURES

Pursuant  to  the  requirements  of  the  Securities  Exchange  Act of 1934, the
registrant  has  duly  caused  this  report  to  be  signed on its behalf by the
undersigned,  thereunto  duly  authorized.

                                         FIRST AID DIRECT, INC.,
                                         A FLORIDA CORPORATION

Date: April 15, 2002                         By  /s/  Scott Siegel
                                             -----------------------------------
                                             Scott Siegel, President and CEO
                                             (Principal Executive Officer)


                                     Page 9
<PAGE>